OUIN OUIN....... HOTCOPPER ATE THE POST I POSTED AROUND LUNCH TIME. I WILL TRY TO RETYPE IT
To TH or not to TH, this is NOT the question.
The question is: Did they find high grade nickel?
Answer: You bet they did.
They are finding the world's greatest nickel grades in lots of holes they are drilling........PH & Co better not go too close to the rigs for their own safety.
Lots of small positive announcements = A few big announcements
We keep increasing our high grade ore thereby making start of production more of a certainty, almost like a letter at the post. I believe we have done enough de-risking now and start of production is almost a certainty.
LME stockpile keeps its march down, now 123kt.
I think we are very very close to a massive re-rate. All this without ST being in the picture as it is too prospective to make allowances at this stage.
Nickel crunch down the corner. Lots of extremely high grades already discovered with more in the pipeline no doubt.
Very low capital expenditure compared to the hundred of millions / a billion+ required for some other projects.
So, if we forget about the TH or no TH, the fact becomes clear:
OUT OF THIS WORLD NICKEL DISCOVERY BY POS. NOW, THAT IS GOOD NEWS.
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